(Trust Stamp) T Stamp stock rose more than 173% on Thursday after the company launched a Biometric Multi-Factor Authentication solution.
T Stamp claims that the new product will let users bypass alternative security verifications such as one-time passcodes and authenticators.
The company says that the new solution will allow users’ selfie as an authentication method. The AI enabled solution can determine liveness, making it simple and spoof resistance.
Kinny Chan, T Stamp CEO, says the existing methods such as passwords and passcodes are not genuine enough. He says biometric verification is convenient and seamless in situations where passcodes would be vulnerable.
IDAI: NASDAQ is up +173.27%
